Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.
Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...
Tax1099, a leading IRS-authorized e-filing platform, reminds businesses to prepare and file Form 941 before the due date to ensure compliance and avoid costly IRS penalties. FAYETTEVILLE, AR AND ...
Taxpayers who buy a new car assembled in the U.S. may be able to deduct up to $10,000 from their taxable income beginning in 2025. To help sort out the details, the IRS is rolling out additional ...
IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...
The Trump administration is preparing sweeping changes at the Internal Revenue Service that would allow the agency to pursue criminal inquiries of left-leaning groups more easily, according to people ...
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Local business leaders are hoping the Legislature finally ends up killing the estate tax in Massachusetts. Two years ago, the Greater Boston Chamber of Commerce teamed up with the Massachusetts ...
Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued a ruling on October 8, 2025, clearly ...
CAMBRIDGE — Sunny skies and crisp fall air brought huge crowds here for the Head of the Charles Regatta, which can make for one of the city’s busiest weekends. At local coffee shops, lines stretched ...
“This program could pay out hundreds of millions of dollars over the next few years,” he said in an interview with iPolitics. Wayne Long, Secretary of State (Canada Revenue Agency and Financial ...
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